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TMI BlogAnnual Average of Past Export performanceX X X X Extracts X X X X X X X X Extracts X X X X ..... Annual Average of Past Export performance X X X X Extracts X X X X X X X X Extracts X X X X ..... Obligation for the Fixed EO (Rs.1,61,81,592) during the year 2016-2017 thru Third Party Exports as we had no direct export orders and had to opt for 3rd Party Exports. We have complied with the conditions as per PARA 5.10(d) 2015-20 but we are not able to maintain the Annual Average of past export performance for the same (past 3 years export performance). The Annual Average of Export performance ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... is ₹ 28,17,820 /- How do we regularize the same and what would be the duty towards the non fulfillment of AA Export performance ? Reply By YAGAY ANDSUN: The Reply: You would be required to pay the compounding fees as mantioned in chapter 5 of the FTP read with HBP Vol. 1 Reply By Kishan Barai: The Reply: Few points are needed to be taken into consideration based on your query 1. Annua ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... l Average Export Performance should take a performance of preceding 3 financial years.
2. For EPCG, exports should be with your IEC only or If merchant exporter's IEC used for the transaction then in shipping bill your EPCG number & supporting manufacturer should be mentioned.
3. For AA you need to do VA of 15% & For EPCG x6 in 6 years #FOB. X X X X Extracts X X X X X X X X Extracts X X X X
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